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Oct 9, 2012
10/12
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-- new deficit neutral. no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> paul ryan just days before the debate last week directly contradicted romney. ryan said lowering the tax rates was more important than anything else, including getting rid of those deductions to pay for them supposedly. let's watch. >> what's most important to romney, what would he scale back on the 20% tax cut for the wealthy? would he scale back and say, okay, we're going to have to raise taxes for the middle class? i guess the question is what's most important to him in his tax reform plan -- >> keeping tax rates down. by lowering tax rates, people keep more of the next dollar they earn. >> that's more important -- >> that's more im
-- new deficit neutral. no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> paul ryan just days before the debate last week directly contradicted romney. ryan said lowering the tax...
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Oct 10, 2012
10/12
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MSNBC
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so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts to put the number in sper perspective. here's more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is about what the pentagon spends every six hours. >> six hours. to be clear, mr. romney and mr. ryan's idea for the deficit to save the country from fiscal disaster and pay for the stuff they want to do that's really expensive, their plan is to eliminate six hour's worth of defense spending. one-fourth of one day's worth of defense spending. at the same time, to make overall defense spending go like this. because, you know, they are the numbers guys. math. >>> i just find it troubling that the president's message -- the president's focus -- 28 days from election day is big bird. >> these a
so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts to put the number in sper perspective. here's more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is...
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Oct 7, 2012
10/12
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WBFF
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our surplus, into a huge deficit. so, in paying the deficit down, you should score the fact that we are coming out of iraq and afghanistan. and, the other thing that the president has proposed and understands, is, that we cannot cut our way to prosperity. we need a balanced approach. and, growing our economy, by doing things like the senator does, like restructuring the auto industry, in order to put people back to work, and make manufacturing jobs grow, is one of the actions that we need to take, in order to do that. but, the fact of the matter is, the president because he has the responsibility of office, has been specific about what he proposes and mitt romney tells us, to trust him, with his plan, it is hiding behind door number 3, with carol merrill and his undisclosed tax returns. >> you know... really, the lines are great, but, chris, the bottom line is this: his budget, tax increase on i don't believe creators, budget gimmicks, and, brings us to $25 trillion in debt over ten years. in fact, this president has
our surplus, into a huge deficit. so, in paying the deficit down, you should score the fact that we are coming out of iraq and afghanistan. and, the other thing that the president has proposed and understands, is, that we cannot cut our way to prosperity. we need a balanced approach. and, growing our economy, by doing things like the senator does, like restructuring the auto industry, in order to put people back to work, and make manufacturing jobs grow, is one of the actions that we need to...
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Oct 9, 2012
10/12
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CSPAN
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who knew that he was driving our deficit? we are going after that. he has decided we are going after big bird. elmo is making a run for the border. the governor romney once wall street who run wild, but he is going -- if governor romney wants wall street to run wild, but he is going to bring down the hammer on "sesame street." we cannot afford another round of tax cuts for the wealthy. we cannot afford to roll back regulations on banks and insurance companies. we cannot got our investments on education, clean energy, research, technology. that is not a plan to grow the economy. that is not change. we have been there. we have tried that. we are not going back. we are moving forward. that is why i am running for a second term as president of the united states. [applause] look -- we have got a different view about how you bring jobs and prosperity to america. the strong economy does not trickle down from the top. it grows from a thriving middle- class, and folks working hard to get into the middle-class. i think it is time our tax code stopped rewarding
who knew that he was driving our deficit? we are going after that. he has decided we are going after big bird. elmo is making a run for the border. the governor romney once wall street who run wild, but he is going -- if governor romney wants wall street to run wild, but he is going to bring down the hammer on "sesame street." we cannot afford another round of tax cuts for the wealthy. we cannot afford to roll back regulations on banks and insurance companies. we cannot got our...
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Oct 9, 2012
10/12
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MSNBC
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think in the republican world they think the spending side is easiest place to go to try and close the deficit. >> it isn't. what's occurring in my campaign there's a slogan we're going to have a balance budget that takes many town to 18% gdp and would savage everything people care about. so you've got to come in with the most controversial ones. that's again why the two most important and largest programs are controversialal to get after social security and medicare. when you're dealing with things that are controversialal that can be demagog, it's terribly important to start off with both a republican and a democrat on board who are willing to stay the course against often times opposition in your party. >> you're running against one of those spending cuts republicans who really wants to slash the budge fet, but is a beneficiary herself of the agriculture programs which was one of the biggest programs in nebraska. >> well, that's true. what i'm saying in this one is that the simple slogan balancing budget through a constitutional amendment isn't going to get the job done. it's going to take
think in the republican world they think the spending side is easiest place to go to try and close the deficit. >> it isn't. what's occurring in my campaign there's a slogan we're going to have a balance budget that takes many town to 18% gdp and would savage everything people care about. so you've got to come in with the most controversial ones. that's again why the two most important and largest programs are controversialal to get after social security and medicare. when you're dealing...
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Oct 10, 2012
10/12
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FOXNEWS
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you expose how detached the president is, as it relates to the budget dole and the deficit. he has a lack of relationships. you're best known for watergate. here we have a situation in benghazi, a known hot bed for terrorist training, an ambassador writing in his diary that he felt his life was in jeopardy. he requested additional security and it was denied. the libyan president said it was a terror attack from the very beginning. the white house went out there with this line that this was spontaneous with mortars and rocket-propelled grenades. it had nothing to do with america and the anniversary of 9/11. it was all based on a movie trailer. all of this story is unraveling. i would think, as a reporter, i am not a reporter, you are known to be a great reporter. this would be a gold mine. why are your colleagues in the media ignoring it? >> well, actually, some very strong stories have been done -- in the washington post -- they have. there is more to be done. clearly there is a disconnect -- i just want to correct one thing about what i say in the book about obama. i don't
you expose how detached the president is, as it relates to the budget dole and the deficit. he has a lack of relationships. you're best known for watergate. here we have a situation in benghazi, a known hot bed for terrorist training, an ambassador writing in his diary that he felt his life was in jeopardy. he requested additional security and it was denied. the libyan president said it was a terror attack from the very beginning. the white house went out there with this line that this was...
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Oct 6, 2012
10/12
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KQED
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one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers. however, what romney was saying is that if you take that much from providers, some of them are going to stop taking medicare parents. the trick for him is that paul ryan, his running mate, also assumed the same $716 billion. gwen: and i believe romney's answer to that was i'm the candidate. >> i'm the boss. we're going to put that money back into medicare. gwen: going into these debates we were all probably guilty of setting the expectations bar and it was pretty high for president obama. i think the polls before showed him like 51% thought he was going to win. 29%
one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries....
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Oct 14, 2012
10/12
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FBC
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washington has run four straight years of trillion dollar deficit he has not cut the deficit in half of the was an office the gap between the revenue it took in 2.5 trillion of taxes but spent 3.5 trillion it is now going to hit the limit before the year is out. the each of $51,000. debt ceiling debate anybody? look at those numbers. of the nobel peace prize has done it again. nonether than the european union. despite the debt crisis and poor fostering peace and democracy. joining me now is john browne he believes they do not deserve the award. we also have the opposing view. richard, i will read the review of the european union for over six decades continue to the event apiece and reconciliation and human-rights in europe. why do you think they chose the e.u.? >> first, you and i are young but if you look back 70 years they only had the balkans war. europe has been saved and pay it -- peaceful. is a little aspiration all. that the european union do more. >> should you have the economies that were also? >> piece was insured by nato and the deterrent combined with the united kingdom i
washington has run four straight years of trillion dollar deficit he has not cut the deficit in half of the was an office the gap between the revenue it took in 2.5 trillion of taxes but spent 3.5 trillion it is now going to hit the limit before the year is out. the each of $51,000. debt ceiling debate anybody? look at those numbers. of the nobel peace prize has done it again. nonether than the european union. despite the debt crisis and poor fostering peace and democracy. joining me now is...
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Oct 7, 2012
10/12
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we are ready to have a deficit reduction deal that is big, bold, and balanced. we also understand that in addition to spending cuts you go got to have revenue. hope that moderate republicans will be empowered to negotiate that with us for the good of the country. we have eight minutes left here.x >> congressman, you talked a little bit about that.xxx you know, when we come back and in november and to the capital, all of the congress, all the members of congress including some of the tea party members you hope to defeat this remember will still be here, will still be voting members until at least january, how do you navigate that if democrats are successful in november? >> time in thinking the day after. am focus on how to get into a position where we within the house of representative then we can reach out and cross the aisle and talk to moderate republicans and maybe even to some tea party republicans who have now bee been, have now learned the lesson firsthand as painful it may be that extremism is not a virtue. and maybe we'll be able to talk some sense into
we are ready to have a deficit reduction deal that is big, bold, and balanced. we also understand that in addition to spending cuts you go got to have revenue. hope that moderate republicans will be empowered to negotiate that with us for the good of the country. we have eight minutes left here.x >> congressman, you talked a little bit about that.xxx you know, when we come back and in november and to the capital, all of the congress, all the members of congress including some of the tea...
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Oct 13, 2012
10/12
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CNNW
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we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone would like to know the answers to these questions, but you have professional groups disagreeing about the economic impact of these things. so we don't really know. >> we have more clarity on the spending side where romney has said he wants to limit federal spending which would mean significant reductions in what the federal government does on a whole variety of fronts. even romney has said $500 billion a year in cuts by 2016. so that is a major difference that's out there. >> that's easier said than done as we know from covering congress for many years. >> and big bird is obvio
we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone...
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Oct 8, 2012
10/12
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FOXNEWS
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the pangers came back from an 18 point deficit to win 30-27. they dedicated that game to their coach who is battling leukemia. congratulations. >> it is time now. 40 after the hour. coming up it sounds like a warning for a crazy roller-coaster. why is detroit telling people to visit at their own risk? >> it is your last chance to answer our question of the day is forcing student athletes to run extra lapse a form of corporal punishment sfl ? we will read the comments and tweets coming up next. it's the little things in life that make me smile. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. so it's not about keeping my dentures in, it's about keeping the food particles out. [ charlie ] try zi
the pangers came back from an 18 point deficit to win 30-27. they dedicated that game to their coach who is battling leukemia. congratulations. >> it is time now. 40 after the hour. coming up it sounds like a warning for a crazy roller-coaster. why is detroit telling people to visit at their own risk? >> it is your last chance to answer our question of the day is forcing student athletes to run extra lapse a form of corporal punishment sfl ? we will read the comments and tweets...
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Oct 14, 2012
10/12
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CNN
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that means the deficit would rise by $6.7 trillion. it's a good first step, but budget experts say that's still too high. mitt romney, meanwhile, has focused on the cuts. his economic plan, 55% of it cap spending at 20% gdp but his plan avoid cutting from defense. mitt romney says he would approve a balanced budget plan that only spends as much as it takes in, and he would also pursue entitlement reform. mitt romney's issues are taxes. romney's plan called for a 20% tax cut across the board. he said he would balance the loopholes and he said he would take care of the middle class family. but it's impossible to lower rates without taking money from low and middle income families. his plan would leave debt at 85% gdp by the end of the decade. we've been telling you also about the fiscal cliff. budget cuts will take place at the beginning of next year unless congress acts. president obama or president romney will need to worry about a rescisicessionrecession. they won't need to worry about a deficit. it would fall this year if we fell off
that means the deficit would rise by $6.7 trillion. it's a good first step, but budget experts say that's still too high. mitt romney, meanwhile, has focused on the cuts. his economic plan, 55% of it cap spending at 20% gdp but his plan avoid cutting from defense. mitt romney says he would approve a balanced budget plan that only spends as much as it takes in, and he would also pursue entitlement reform. mitt romney's issues are taxes. romney's plan called for a 20% tax cut across the board. he...
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Oct 9, 2012
10/12
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WTTG
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. >> obama's four deficits are the four largest in history. >> reporter: with the debate performance showing up in the polls, it's putting more importance on the next two debates to come and looking ahead to tonight, both president obama and mitt romney are campaigning in ohio this evening. the president in columbus across the state, mitt romney near youngstown, one in the state and he will be joined by new jersey governor chris christy. >>> you heard it there and that is probably one of the most quoted clips. >> mitt romney sharing his desire to cut funding for pbs and its beloved character, big bird, of course. the obama campaign is out with a new tv ad going out with the line. >> gluttons of greed and the even genius who towered over them. one man has the guts to speak his name. >> big bird, big third, big bird. >> it's me, big bird. >> big, yellow, a menace to our economy. mitt romney knows it's not wall street you have to worry about, it'ses is me street. >> i'm going to stop the subsidy to pbs. >> reporter: mitt romney taking on the enemies no matter what is next. >> and theysh
. >> obama's four deficits are the four largest in history. >> reporter: with the debate performance showing up in the polls, it's putting more importance on the next two debates to come and looking ahead to tonight, both president obama and mitt romney are campaigning in ohio this evening. the president in columbus across the state, mitt romney near youngstown, one in the state and he will be joined by new jersey governor chris christy. >>> you heard it there and that is...
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Oct 11, 2012
10/12
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KTVU
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stocks were up due to the encouraging weekly jobs claim number but were tempered by a widening trade deficit and higher unemployment in greece. >>> and more worrisome news for the global economy. s&p 500 a downgrading spain's credit rating, it dropped two levels. s&p says the downgrade comes because the capacity for spain's political institutions to deal with the current economic sand finance am crisis is declining. >>> our report out today says tourist force the london olympic and paralympic games failed to give a boost. the number of visitors was lower between june and august compared to the previous year. it dropped about 7%. the tourists said the spending hovered around the same before at $9.7 billion. >>> a report says airlines are reduce the number of long tarmac waits that customers have to sit through. the report was released by the u.s. department of transportation. in august, airlines reported tarmac delays longer than three hours. they must be reported. luggage lost and discrimination complaints are as down -- are also down. >>> there are new clues in the case of a missing hayward
stocks were up due to the encouraging weekly jobs claim number but were tempered by a widening trade deficit and higher unemployment in greece. >>> and more worrisome news for the global economy. s&p 500 a downgrading spain's credit rating, it dropped two levels. s&p says the downgrade comes because the capacity for spain's political institutions to deal with the current economic sand finance am crisis is declining. >>> our report out today says tourist force the...
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Oct 10, 2012
10/12
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CNNW
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. >> in terms of mitt romney surging, just remember how much of a deficit he had to make up. he was in some cases double digits behind the president in all those attributes. >> pull back the reins. >> the media is focusing on one poll. >> that's reaction to the recent batch of polling, including that devastating pew poll that showed a four point romney lead. now consider that pew took an earlier poll in september a couple weeks before the debate, it was the republicans going ballistic when it showed romney eight points down. watch. >> these polls are basically just part and parcel of the campaign for barack obama to help him stay in this game as long as possible. >> if you believe what the polls are saying right now, you've got to believe that there's something huge going on. >> i've said that all along, and i'm willing to say that publicly and stick by it, and i know that that poll, up 15 points, is absolutely invalid. >> people need to understand that the polling this year is the worst it's ever been. >> that is not a legitimate poll in 2012. >> both polls were skewed when
. >> in terms of mitt romney surging, just remember how much of a deficit he had to make up. he was in some cases double digits behind the president in all those attributes. >> pull back the reins. >> the media is focusing on one poll. >> that's reaction to the recent batch of polling, including that devastating pew poll that showed a four point romney lead. now consider that pew took an earlier poll in september a couple weeks before the debate, it was the republicans...
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Oct 14, 2012
10/12
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CNN
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not raise the deficit and not reduce the share of taxes paid by the wealthy. the tax policy center which is an independent nonpartisan group has looked at the number and said those three things cannot be done at the same time, because if you cut taxes by 2 , 20%--so romney still has to explain how all of this would all add up without assuming an elevated level of economic growth which the congressional budget office does not do when they calculate a tax plan. so there's still that question on him and he has not fully answered it. and again, if the math is wrong, i think you need more specifics about what deductions he would remove to show that the math adds up with what he wants to do. >> this tuesday, the contenders square off, 7:00 p.m. eastern time is when our coverage begins and the debate will be moderated by cnn's candy crowley. >>> because of its questionable voter registration tactics in florida, here's cnn's joe johns. >> he's a veteran gop operative who just doesn't seem to go away. just a few weeks ago a wave of bad publicity hit -- disavowed by the
not raise the deficit and not reduce the share of taxes paid by the wealthy. the tax policy center which is an independent nonpartisan group has looked at the number and said those three things cannot be done at the same time, because if you cut taxes by 2 , 20%--so romney still has to explain how all of this would all add up without assuming an elevated level of economic growth which the congressional budget office does not do when they calculate a tax plan. so there's still that question on...
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Oct 9, 2012
10/12
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MSNBCW
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we're hearing about the book "the young guns" written by ryan and his colleagues outlining his deficit and debt policies. biden has been on the trail talking about it this book and these policies. these are attacks he's been honing over the last couple weeks and months. really what you see is biden addressing things like social security and medicare. these are arguments he's making on the stump now, but his staff and van holland right now are preparing him to respond to have a back and forth with ryan on those issues. >> carrie, thank you very much for the report there. the battle for the buckeye state. president obama is headed to ohio from san fran. he will speak at a rally later this afternoon at ohio state university. after a rally in iowa in just the past hour, mitt romney headed to ohio as well and will spend four of the next five days there. he's trying to capitalize on the new dynamic of the presidential race following last weengk's debalt. it was like yesterday we were talking about whether governor romney was going to pull up his stakes in ohio and try to focus on a different
we're hearing about the book "the young guns" written by ryan and his colleagues outlining his deficit and debt policies. biden has been on the trail talking about it this book and these policies. these are attacks he's been honing over the last couple weeks and months. really what you see is biden addressing things like social security and medicare. these are arguments he's making on the stump now, but his staff and van holland right now are preparing him to respond to have a back...
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Oct 6, 2012
10/12
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CURRENT
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getting the biggest macro-approach in history and driving rates up across southern europe and budget deficits that are getting worse and worse. i don't see where mitt romney's argument has traction. it seems to me that the stimulus of the policy, traditional economics that barack obama has followed it seems to be working. neil, what am i missing here? >> romney has a point. things could be better. i don't know if they could have been made better, and that stimulus should have been bigger and if it has to do with the problems in the houseing market. there is a big target on the back of obama because of failed housing. there are not that many new arguments that romney can hang his hat on but that's an area that we have not seen exploited. >> i think you're right. if there has been one enormous failure policy, it's the mortgage and the number of homeowners who are underwater, meaning that their they owe more than the value of their house. mitt romney does not talk about that because his answer is none existent. >> you have these made up controversies because they're so close on many of the issue
getting the biggest macro-approach in history and driving rates up across southern europe and budget deficits that are getting worse and worse. i don't see where mitt romney's argument has traction. it seems to me that the stimulus of the policy, traditional economics that barack obama has followed it seems to be working. neil, what am i missing here? >> romney has a point. things could be better. i don't know if they could have been made better, and that stimulus should have been bigger...
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Oct 12, 2012
10/12
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CSPAN
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we would still have a $300 billion deficit. there are not enough rich people to tax to pay for all of their spending. watch out, middle-class, the tax issues are coming to you. host: joseph is in our jacksonville, florida line, in support of president obama. caller: good morning. i enjoyed the debate. several things caught my eye with vice president biden's. he did a lot of laughing and smirking. some of it was called for and some was not. going back to last week, watching romney tell those untruths, i believe he had to do some of that because the only thing paul ryan was doing was complementing what romney was doing, which was lying. so i believe biden had to interrupt because there were times when things ryan was saying did not make any sense. the 47%, they cannot clarify the that this really has hurt a lot of people by what they have said and they cannot live up to that. then president obama gets in office the first day and the republicans say we will do everything we can to make sure you are one-term president. how can you
we would still have a $300 billion deficit. there are not enough rich people to tax to pay for all of their spending. watch out, middle-class, the tax issues are coming to you. host: joseph is in our jacksonville, florida line, in support of president obama. caller: good morning. i enjoyed the debate. several things caught my eye with vice president biden's. he did a lot of laughing and smirking. some of it was called for and some was not. going back to last week, watching romney tell those...